Brooklyn, NY 11219,902 42nd ST
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$ 3,295,000
Est. payment | /mo

32 Beds

16 Baths

14,400 SqFt


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$ 3,295,000
Est. payment | /mo
Save

32 Beds

16 Baths

14,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,400 sqft

Price per Sqft $228

MLS Listing ID 479190

Style Other

Bedrooms 32

Full Baths 16

Year Built 1928

Annual Tax Amount $62,674

Property Sub-Type Multi-Family

Property Description

Don't miss this rare chance to own a 16-family brick building in Sunset Park, a prime location in Brooklyn. This corner property is rent stabilized and has a zoning of R6, offering great potential for development. The building size is 40x90 and the lot size is 40x100. All units have two bedrooms and are fully occupied, generating a gross income of 307,353 and a net income of 208,718. This is a solid investment opportunity with a 6% cap rate. Close to transportation, shopping, and schools.

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Zoning R6

Rooms

Basement Full

Interior

Hot Water Gas

Heating Gas

Flooring Hardwood

Heat Source Gas

Exterior

Exterior Feature Brick

Amenities Available NONE

Roof Type Flat

Handicap Access No

Building

Story 4

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by RE/MAX Real Estate Professiona
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 544-9091

thomasdalcamo@gmail.com

7610 13th Ave, Brooklyn, New York, 11228, USA

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902 42nd ST